The Ministry of Coal has recently announced a substantial achievement in the coal sector, reporting a significant increase in coal production for December 2023. The figures reveal a remarkable surge, reaching an impressive 92.87 Million Tonnes (MT), showcasing a substantial growth of 10.75% compared to December 2022.
Coal India Limited’s Commendable Performance
The commendable performance of Coal India Limited (CIL) has been a driving force behind this success. CIL recorded a production of 71.86 MT in December 2023, reflecting an 8.27% increase from the 66.37 MT produced in December 2022. The cumulative coal production for the fiscal year 2023-24, up to December, has reached 684.31 MT, marking a remarkable growth of 12.47% compared to the same period in the previous fiscal year.
Robust Growth in Coal Dispatch
The coal sector’s upward trajectory is not limited to production alone; coal dispatch has also seen notable progress. In December 2023, coal dispatch reached 86.23 MT, representing a growth rate of 8.36% compared to December 2022. CIL’s dispatch stood at 66.10 MT in December 2023, demonstrating a growth of 5.49% from December 2022. The cumulative coal dispatch for FY’ 23-24 has witnessed a substantial jump to 709.80 MT, showcasing an impressive growth of 11.36% compared to the corresponding period in FY’ 22-23.
Resilience and Efficiency of the Coal Supply Chain
The success of the coal sector highlights the resilience and efficiency of the coal supply chain. Coal PSUs (Public Sector Undertakings) have played a pivotal role in driving this progress, emphasizing the dedication of the coal supply chain to ensure seamless distribution of coal nationwide.
Ministry of Coal’s Commitment to Sustained Growth
The Ministry of Coal expresses its commitment to maintaining consistent coal production and dispatch, ensuring an uninterrupted supply for a reliable and resilient energy sector. The continued success of the coal sector is seen as a significant contribution to India’s energy security, and the Ministry reiterates its dedication to meeting the nation’s energy demands through consistent and efficient coal production and distribution.
Positive Outlook for Bharat’s Energy Landscape
As the Ministry of Coal looks ahead, the commitment to sustaining this growth trajectory remains a top priority. The continued success of the coal sector bodes well for Bharat’s energy landscape in the coming months, promising a reliable and resilient source of energy for the nation.
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